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Transactions made by Shamrock Co . for the month of March are shown below. The company performed $ 2 2 , 4 0 0 of

Transactions made by Shamrock Co. for the month of March are shown below.
The company performed $22,400 of services for customers on account.
The company received $22,400 in cash from customers who had been billed for services [in transaction (1)].
The company received a bill for $2,016 of advertising but will not pay it until a later date.
Shamrock Co. paid a cash dividend of $3,360.
Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation.
Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.
Increases in expenses require a negative sign or parentheses.
Transactions made by Shamrock Co. for the month of March are shown below.
The company performed $22,400 of services for customers on account.
The company received $22,400 in cash from customers who had been billed for services [in transaction (1)].
The company received a bill for $2,016 of advertising but will not pay it until a later date.
Shamrock Co. paid a cash dividend of $3,360.
Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation.
Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.
Increases in expenses require a negative sign or parentheses.
Stockholders' Equity
Retained Earnings
Transactions made by Shamrock Co. for the month of March are shown below.
The company performed $22,400 of services for customers on account.
The company received $22,400 in cash from customers who had been billed for services [in transaction (1)].
The company received a bill for $2,016 of advertising but will not pay it until a later date.
Shamrock Co. paid a cash dividend of $3,360.
Prepare a tabular analysis that shows the effects of these transactions on the expanded accounting equation.
Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.
Increases in expenses require a negative sign or parentheses.
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